The trend estimate of the value of total building work done rose 1.4% in the June quarter 2005.

The value of new residential building work fell marginally, by 0.2% in the latest quarter. New houses was relatively flat (-0.1%) and new other residential buildings fell 0.2%. Alterations and additions fell 0.7%, however non-residential work done in the quarter rose 4.1%.

SEASONALLY ADJUSTED ESTIMATES

In seasonally adjusted terms, total building work done rose 4.5% in the June quarter 2005, to $13,823.4m.

There were rises in all sectors. New residential work rose 2.5%, to $7,611.7m, with new houses up 3.3%, to $4,988.1m, and new other residential building up 1.1%, to $2,623.6m. Alterations and additions rose 3.6% to $1,394.3m. Non-residential work done in the rose 8.1%, to $4,817.4m.

NOTES

ABOUT THIS ISSUE

This publication contains detailed estimates from the quarterly Building Activity Survey. The data are subject to revision when returns from the following quarter are processed and final data for the June quarter 2005 will be released in Building Activity, Australia (cat. no. 8752.0) on 20 January 2006.

CHANGES IN THIS ISSUE

A new base year, 2003-04, has been introduced into the chain volume estimates which has resulted in revisions to growth rates in subsequent periods. In addition, the chain volume estimates have been re-referenced to 2003-04, thereby preserving additivity in the quarters after the reference year. Re-referencing affects the levels of, but not the movements in, chain volume estimates.

Compared with the estimates in current price original terms published in the previous issue of this publication:

the total value of building work commenced during the March quarter 2005 has been revised upwards by $166.5m (+1.3%). This was mainly the result of an upwards revision of $79.9m (+4.4%) to non-residential building work commenced in New South Wales.

INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Andrew Stidston on Adelaide (08) 8237 7668.

VALUE OF WORK DONEVOLUME TERMS JUNE QTR 2005

SUMMARY COMMENTS

In the June quarter 2005, the seasonally adjusted estimate of total building work done rose in all the states and territories with the exception of the Northern Territory (-3.6%). The largest rises were in Victoria (+7.5%), South Australia (+10.2%), and the Australian Capital Territory (+11.1%).

In original terms, all states and territories rose, with the largest increases in Victoria (+18.8%), South Australia (+19.1%), Tasmania (+19.9%) and the Australian Capital Territory (+24.3%).

NSW

Vic.

Qld

SA

WA

Tas.

NT

ACT

Aust.

Original(a)

Value of work done

New residential building ($m)

1 947.8

2 165.2

1 922.3

439.5

824.5

106.9

54.6

125.4

7 586.2

Alterations and additions to residential building ($m)

478.1

439.1

252.4

89.2

80.1

25.6

14.2

27.1

1 405.8

Non-residential building ($m)

1 564.7

1 374.3

908.3

325.8

371.0

71.3

61.6

117.2

4 794.2

Total building ($m)

3 990.6

3 978.6

3 082.9

854.4

1 275.7

203.8

130.5

269.7

13 786.3

Percentage change

New residential building (%)

3.2

20.0

8.4

16.0

4.1

11.5

-7.3

10.9

9.9

Alterations and additions to residential building (%)

8.3

22.2

22.4

13.8

-4.2

24.4

39.5

48.9

15.4

Non-residential building (%)

22.5

16.1

23.4

25.2

-4.6

33.3

21.3

36.8

18.8

Total building (%)

10.7

18.8

13.5

19.1

0.9

19.9

8.8

24.3

13.4

Seasonally Adjusted(a)

Value of work done

New residential building ($m)

1 952.6

2 144.2

1 967.5

438.5

837.0

106.9

na

113.5

7 611.7

Alterations and additions to residential building ($m)

490.2

415.7

253.3

90.7

78.8

24.7

na

26.8

1 394.3

Non-residential building ($m)

1 562.6

1 340.9

891.1

323.2

420.7

68.9

na

120.3

4 817.4

Total building ($m)

4 005.3

3 900.8

3 111.8

852.4

1 336.4

200.4

126.9

260.6

13 823.4

Percentage change

New residential building (%)

-3.6

12.5

1.6

8.2

3.3

5.8

na

-10.4

2.5

Alterations and additions to residential building (%)

3.0

6.3

5.6

8.6

-7.4

4.7

na

23.3

3.6

Non-residential building (%)

15.9

0.7

7.6

13.6

1.9

10.1

na

39.8

8.1

Total building (%)

4.0

7.5

3.6

10.2

2.2

7.1

-3.6

11.1

4.5

na not available

(a) Chain volume measures, reference year 2003-04.

VALUE OF WORK DONE VOLUME TERMS

TREND ESTIMATES

NEW SOUTH WALES, VICTORIA

The trend estimate of the total value of building work done is now showing five quarters of decline in New South Wales. Work done in Victoria is now showing four consecutive quarters of decline. The rate of decline is slowing in both these states.

QUEENSLAND, WESTERN AUSTRALIA

The trend estimate of the total value of building work done in Queensland is showing growth for the past three quarters. The total value of building work done in Western Australia is now showing seven consecutive quarters of growth.

SOUTH AUSTRALIA, TASMANIA

The trend estimate of the total value of building work done in South Australia is now showing continuous growth for over three years. The total value of building work done in Tasmania now shows growth for the past three quarters.

NORTHERN TERRITORY,AUSTRALIAN CAPITALTERRITORY

The trend estimate of the total value of building work done in the Northern Territory has risen strongly over the past four quarters. The Australian Capital Territory shows growth for the past three quarters.

VALUE OF WORK COMMENCEDVOLUME TERMS

TREND AND SEASONALLY ADJUSTED ESTIMATES

Jun qtr 05

Mar qtr 05 to Jun qtr 05

Jun qtr 04 to Jun qtr 05

$m

% change

% change

Trend(a)

Value of work commenced

13 303.9

1.6

-0.4

New residential building

7 218.5

1.0

-8.1

Alterations and additions to residential building

1 323.0

-

-2.4

Non-residential building

4 719.9

1.8

13.8

Seasonally Adjusted(a)

Value of work commenced

13 604.8

6.1

2.1

New residential building

7 447.2

7.9

-7.2

Alterations and additions to residential building

1 327.5

0.6

-4.4

Non-residential building

4 830.2

5.0

23.7

- nil or rounded to zero (including null cells)

(a) Chain volume measures, reference year 2003-04.

TREND

The June quarter 2005 trend estimate of the total value of building work commenced rose 1.6% from the March quarter estimate.

The value of new residential building commenced rose 1.0% in the June quarter 2005, after four quarters of decline. New house commencements rose 1.4% in the June quarter 2005, after four quarters of decline. The value of new other residential commencements rose 0.3% while alterations and additions to residential buildings was flat. Non-residential building rose 1.8% in the June quarter 2005.

Value of Work Commenced in Volume Terms, Trend

SEASONALLY ADJUSTED

In seasonally adjusted terms, the total value of building work commenced rose 6.1% in the June quarter 2005, to $13,604.8m.

Commencements of new residential buildings rose 7.9%, to $7,447.2m. New house commencements rose 12.1% to $5,129.3m, while new other residential building fell 0.5% to $2,317.9m. Alterations and additions rose 0.6% to $1,327.5m.